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From November 2021, stricter energy certification rules apply to all property owners. Regular updates and modernizations are not only mandatory but also beneficial for increasing property value and energy efficiency.
Regulatory Changes in Energy Certification
In November 2021, important regulatory changes came into effect regarding energy performance certificates (EPCs) in Hungary. The new laws tighten the validity and renewal requirements for existing property certificates, affecting all property owners.
What Is the Role of an Energy Certificate?
An energy performance certificate (also known as an energy rating) provides information about a property's energy consumption, efficiency, and environmental impact. It is a crucial document when selling, renting, or building property, helping buyers and tenants make energy-conscious decisions.
What Are Property Owners Required to Do?
The new regulation mandates that EPCs be updated periodically, especially after major renovations or upgrades. Owners must ensure they obtain valid certificates in time, as non-compliance may result in penalties and hinder the property's sale or rental.
How Is the Certificate Updated?
Only certified professionals can renew EPCs by assessing the property's energy characteristics and any upgrades made. Planning ahead is essential, as obtaining the certificate may take time during transactions.
What Are the Benefits of Renewal and Upgrades?
Updating the EPC often goes hand in hand with energy-efficient improvements, which can lower utility costs, improve living conditions, and increase the property’s market value. These bring long-term financial advantages to owners.
Summary
As of November 2021, legislative changes impose new duties on property owners regarding energy certification. Timely updates and modernizations ensure not only legal compliance but also tangible financial benefits.